In case you missed it this past weekend, I was quoted in Barron’s The Striking Price column written by Steve Sears – Options Strategies for Bearish Investors. The column highlighted some large bearish options trades in …
Continue readingQQQ
In case you missed it, there’s a hip new acronym FANG, grouping four U.S. tech stocks that make up $1 trillion in market capitalization: Facebook (FB), Amazon (AMZN), Netflix (NFLX) and the newly renamed Alphabet (GOOGL). These …
Continue reading
On August 27th we faded the rally in the broader market off the lows of August 24th with a put spread in QQQ when it had bounced to $105 (off the August 24th low print …
Continue reading
Regular readers know we have been skeptical of bullish calls over the last couple years relating to a supposed refresh cycles for PCs. It is our belief ( as well as many much smarter than …
Continue reading
We recently closed a short biased trade in the retail etf XRT for a small loss. We got the direction too right and didn’t have the proper trade structure on for the quick correction in …
Continue reading
Here is a quick recap of trades that we initiated, closed, or debated in the week that was Aug 24h – Aug 28th:
Continue reading
On July 2nd, when the S&P500 (SPX) was still comfortable in its then 5 month trading range between 2050 and 2130, I wrote a post titled Don’t forget what you are celebrating as the pre-market futures caught …
Continue reading
Of all the craziness of the last week the moves in the large cap Nasdaq stocks have been some of the most breathtaking considering the market cap changes involved. AAPL is currently around 113 after …
Continue reading
After GOOGL’s insane pop higher on earnings it seemed to be having a little trouble staying above the 700 level. It was after all, up 150 dollars or so in the last month and change. …
Continue reading
I’m in a forward timezone to New York. But when I sat down this morning to offer up a few thoughts on the global equity rout (while you were hopefully still sleeping despite knowing what futures were …
Continue reading